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PHILADELPHIA--(BUSINESS WIRE)--Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian
Group Inc. (NYSE: RDN), today announced the addition of three mortgage
industry professionals to strengthen its sales team across the Midwest
and in Tennessee. With more than 20 years of experience in the mortgage
industry, Kevin Rice is based in Boise, Idaho and will serve as the
senior account manager covering Idaho; Montana; Spokane, Washington; and
Jackson, Wyoming. Mark Baker will serve as the senior account manager
for Tennessee, a territory he has represented for close to a decade
while employed by another private mortgage insurer. Jim Honeck, who will
serve as a director of new business development for Radian, is
responsible for developing new customer relationships in Illinois,
Wisconsin, Minnesota, Iowa and Missouri. Honeck joins Radian with more
than 22 years of experience in the private mortgage insurance industry.

“Radian is excited to expand our sales team by adding these seasoned
professionals to our roster…who together bring 60+ years of experience
in the mortgage and mortgage insurance industries to our all-star team”

Prior to joining Radian, Rice was a training consultant for the sales
organization at Wells Fargo Home Mortgage, although he spent the
majority of his 20 year career working in both the retail and wholesale
channels for well known lenders including Clearpoint Funding, Wells
Fargo Home Mortgage and Caliber Funding, LLC.

Having spent much of his career serving the Tennessee area, Baker will
pick up where he left off by nurturing current customer relationships in
this state for Radian.

Before joining Radian, Honeck was employed by another private mortgage
insurer, where he maintained number one market share in his territory
for more than 12 years. Honeck is a member of the Wisconsin Mortgage
Bankers Association and has served as Director of the Northeast Chapter.

“Radian is excited to expand our sales team by adding these seasoned
professionals to our roster…who together bring 60+ years of experience
in the mortgage and mortgage insurance industries to our all-star team,”
stated Brien McMahon, Radian’s chief franchise officer. “In a market
that is still challenging for many, we are very proud of our success
over the last year, where we close to doubled our NIW goal in 2012. We
owe our success to our many loyal lending partners, and it feels great
to expand our team to serve them even better than we do today!”

Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
private mortgage insurance and related risk mitigation products and
services to mortgage lenders nationwide through its principal operating
subsidiary, Radian Guaranty Inc. These services help promote and
preserve homeownership opportunities for homebuyers, while protecting
lenders from default-related losses on residential first mortgages and
facilitating the sale of low-downpayment mortgages in the secondary
market. Additional information may be found at www.radian.biz.